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1-bed · 681 sqftHayat Boulevard 1B, Town Square · 1st floor · completed 2020

120, Hayat Boulevard 1B

Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 120 · DLD and Ejari recordsUpdated 10 June 2025
Last soldAED 480K9 May 2023
Current rentAED 55K /yr10 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 120, Hayat Boulevard 1B

What is 120 worth today?

Last sold for AED 480,000 in 2023

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10 Jun 2025RentedRenewal
AED 55,000/yr12 months · AED 81 per sqft
10 Jun 2024RentedNew contract
AED 55,000/yr12 months · AED 81 per sqft
6 Jun 2023RentedNew contract
AED 40,000/yr12 months · AED 59 per sqft
9 May 2023SoldReady
AED 480,000AED 704 per sqft
5 Jun 2022RentedNew contract
AED 40,000/yr12 months · AED 59 per sqft
1 Nov 2020RentedNew contract
AED 28,000/yr13 months · AED 41 per sqft
22 Jul 2020Sold by developerReady
AED 626,888AED 920 per sqft

Source: Dubai Land Department. Updated 10 June 2025.

Key facts

Type
1-bed apartment
Size
681 sqft
Floor
1st of 7
Parking
G-43
Developer
Nshmi Development
Completed
2020
Service charge
AED 11,600 /yr
Last sold
AED 480K · May 2023
Building
Hayat Boulevard 1B

About 120, Hayat Boulevard 1B

120 is a one-bedroom apartment of 681 sqft on the 1st floor of Hayat Boulevard 1B, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. It last sold on 9 May 2023 for AED 480,000, or AED 704 per sqft, 12% below the AED 800 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 10 June 2025, is AED 55,000 a year: a gross yield of 11.5% on the 2023 price, before the service charge of about AED 11,600 a year.

Sales and rents for 120 over time

Sales
Unit 120, each saleTypical one-bed in Hayat Boulevard 1B
600K800K2016201920222025Typical sale price by year: 2016 AED 648,888; 2017 AED 657,888; 2018 AED 652,888; 2020 AED 626,888; 2021 AED 475,000; 2023 AED 547,500; 2024 AED 670,000; 2025 AED 765,000Sold by developer, July 2020: AED 626,888 (AED 920 per sqft)Sold, May 2023: AED 480,000 (AED 704 per sqft)

120 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 120, each contractTypical one-bed in Hayat Boulevard 1B
40K60K2020202220242026Typical rent by year: 2020 AED 32,000; 2021 AED 32,000; 2022 AED 35,650; 2023 AED 42,000; 2024 AED 55,000; 2025 AED 60,000; 2026 AED 65,000New contract, November 2020: AED 28,000 a yearNew contract, June 2022: AED 40,000 a yearNew contract, June 2023: AED 40,000 a yearNew contract, June 2024: AED 55,000 a yearRenewal, June 2025: AED 55,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Hayat Boulevard 1B, and where 120 sits

All 77 1-beds →

120 last sold in May 2023 at AED 704 per sqft, 12% below what one-beds in Hayat Boulevard 1B were fetching at the time (AED 800). 120's AED 55,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Jul 2025800,000
29 May 2025760,000
26 May 2025785,000
9 May 2025770,000
0 1-bed sales in the last 12 months

Hayat Boulevard 1B

Building

195 apartments, studios to 4-bed over 7 floors in Town Square, completed in 2020 by Nshmi Development. 2 sold in the last 12 months.

Typical price per sqft
AED 1,494
Typical sale
AED 838K
Typical rent
AED 67K /yr
Typical yield
6.4%
Hayat Boulevard 1B, Town Square: prices, sales and rents →

Other units on the 1st floor

All 195 units in Hayat Boulevard 1B
Value
1012-bedAED 948K · Jan 2017
1023-bedAED 1.78M · Oct 2024
1032-bedAED 1.25M · Dec 2023
1042-bedAED 789K · Nov 2016
105AED 500K · Oct 2025
1061-bedAED 475K · Jan 2021
1071-bedAED 657K · May 2021
1–7 of 29

120, Hayat Boulevard 1B in numbers

  • Sold twice: first on 22 July 2020 for AED 626,888, last on 9 May 2023 for AED 480,000 (AED 704 per sqft).
  • Rented since November 2020 on 5 Ejari contracts, from AED 28,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2023 price is 11.5%, before a service charge of about AED 11,600 a year (AED 16.97 per sqft).

Source: Dubai Land Department. Updated 10 June 2025.

Questions about 120, Hayat Boulevard 1B

What did unit 120 last sell for?

AED 480,000 on 9 May 2023: AED 704 per sqft for 681 sqft. The unit has 2 registered sales; the first was AED 626,888 in July 2020.

What is the rent for unit 120?

AED 55,000 a year on the contract renewed on 10 June 2025. The previous contract, from June 2024, was AED 55,000; the unit has been rented since November 2020.

How big is unit 120?

681 sqft (63.3 sqm): a one-bedroom apartment on the 1st floor of a 7-storey tower completed in 2020.

What is unit 120 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 120, Hayat Boulevard 1B

Starts from the last sale price (AED 480K, 9 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 480,000
Deposit, UAE resident (20%)
AED 96,000
Deposit, non-resident (40%)
AED 192,000
Monthly over 25 years at 3.7%
AED 1,964

Plus AED 23,070 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →